rip-off artists (News 2014, by Michael Buholzer) - Swiss Press Award

Michael Buholzer
(1) Novartis CEO Daniel Vasella drinks at the Novartis Campus in Basel shortly after the announcement of his
Diverse Medien
Photo / News
2014
Michael Buholzer
Thomas Minder's rip-off initiative stirs up interest in Switzerland. Novartis CEO Daniel Vasella unexpectedly announces his resignation on January 23, 2013. Equally surprising, the public learns of Vasella's record non-compete compensation of 72 million Swiss francs. Vasella is thus making himself a model rip-off artist and is leaving Switzerland. UBS CEO Sergio Ermotti also shocks the public with his salary; he earned 8.9 million Swiss francs last year.
